Regulatory Compliance

Fannie Mae Sells $6.2M Non-Performing Loan Pool to VRMTG ACQ

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Fannie Mae Sells $6.2M Non-Performing Loan Pool to VRMTG ACQ

Washington – – September 30, 2026 -- Fannie Mae has completed the sale of its twenty-eighth Community Impact Pool (CIP) of non-performing loans, with VRMTG ACQ, LLC emerging as the winning bidder for a package of 24 loans carrying $6,200,360 in unpaid principal balance.

Dallas-Fort Worth pool draws cover bid at 94.07% of unpaid balance

The single pool, geographically concentrated in the Dallas-Fort Worth area, was originally announced on September 30, 2026, and is scheduled to close on September 30, 2026. The average loan size in the pool stood at $258,348, with a weighted average note rate of 4.26% and a weighted average broker's price opinion loan-to-value ratio of 59%. The cover bid -- the second-highest offer received -- came in at 94.0740% of UPB, equivalent to 55.22% of BPO value.

Cytrellis Expands ellacor Skin-Tightening Device Into South Korea

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Cytrellis Expands ellacor Skin-Tightening Device Into South Korea

Woburn, Mass. – – September 30, 2026 -- Cytrellis Biosystems, Inc. has signed a commercialization agreement with KoreAx Co. Ltd. to launch its ellacor skin-removal device in South Korea, marking the company's second international market entry of 2026 after Australia.

South Korea's Ministry of Food and Drug Safety cleared ellacor in 2025

Ellacor is described as the first and only FDA-cleared, minimally invasive, in-office procedure that removes sagging skin without surgery or thermal energy. The device uses Micro-Coring technology and is approved for adults aged 22 and older with Fitzpatrick skin types I-IV.

ISO's New Class L Fire Rating Meets NYC's 1 kWh Battery Storage Rule

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ISO's New Class L Fire Rating Meets NYC's 1 kWh Battery Storage Rule

The Bronx, N.Y. – September 30, 2026 -- The International Organization for Standardization published the third revision of ISO 3941 on September 30, 2026, introducing Class L as a distinct fire classification for lithium-ion cell and battery fires, arriving as New York City enforces a 1 kWh threshold for lithium-ion energy storage systems under its amended NFPA 855 code. Allstate Sprinkler, a Bronx-based fire protection contractor operating since 1972, released an analysis linking the new global standard to New York's existing regulatory posture and to FDNY incident data spanning 2023 through mid-2026.

MCO Names RegEd Co-Founder Schobel President After $100M Raise

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MCO Names RegEd Co-Founder Schobel President After $100M Raise

New York – September 30, 2026 -- MyComplianceOffice (MCO), a compliance management software provider for financial services, has appointed John Schobel as President, adding a 25-year RegTech veteran to lead its global go-to-market strategy following a $100 million-plus strategic financing round.

MCO's revenue climbed 22% from 2024 to 2025 as client base expanded

The compliance software firm now serves more than 1,500 client companies across over 125 countries, onboarding more than 100 new firms during the same period. The growth trajectory coincides with recent strategic growth financing from Accel-KKR Credit Partners, which MCO says will fund continued expansion and product development.

Sivers Semiconductors Drops Deloitte for EY Ahead of US Listing Bid

Kista, Sweden – September 30, 2026 -- Sivers Semiconductors AB has called an Extraordinary General Meeting for 22 October 2026 to replace auditor Deloitte AB with Ernst & Young AB, a move tied to the company's plan for a dual listing on U.S. capital markets expected in the first half of 2027.

Nomination committee cites EU rotation rule and US listing prep for auditor switch

Deloitte has served as Sivers' auditor for ten years, the maximum term allowed under Article 17 of EU Regulation No 537/2014 for public-interest entities. The Audit Committee recommended the change, which the Nomination Committee approved unanimously, framing EY's experience with SEC reporting requirements and U.S. capital markets activity for Swedish listed companies as the deciding factor. The Nomination Committee stated the switch does not stem from any disagreement over accounting or financial reporting.

TVA Wins First US Construction Permit for BWRX-300 Small Modular Reactor

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TVA Wins First US Construction Permit for BWRX-300 Small Modular Reactor

Knoxville, Tenn. – – September 30, 2026 -- The U.S. Nuclear Regulatory Commission has issued a construction permit for Clinch River Unit 1, making the Tennessee Valley Authority the first U.S. utility cleared to build a GE Vernova Hitachi Nuclear Energy BWRX-300 small modular reactor (SMR). The permit, granted for TVA's Clinch River Nuclear Site near Oak Ridge, Tenn., marks only the second advanced reactor construction permit ever issued in the country.

NRC clears path for 300-megawatt reactor ahead of schedule

TVA said the NRC's evaluation process allowed the permit to be issued earlier than anticipated, a move officials framed as evidence of streamlined federal licensing for advanced nuclear technology. No construction start date has been announced.

"This construction permit is more than a regulatory achievement – it's foundational for America's nuclear future," said Mike Skaggs, TVA Interim President & CEO.

PhRMA Names Eric Cantor as Next President and CEO, Effective Nov. 9

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PhRMA Names Eric Cantor as Next President and CEO, Effective Nov. 9

Washington – September 29, 2026 -- The Pharmaceutical Research and Manufacturers of America (PhRMA) has named former House Majority Leader Eric Cantor as its next president and chief executive officer, effective November 9. Cantor succeeds Stephen J. Ubl, who has led the trade group since 2015 and will remain as a strategic advisor through January 15, 2027.

Multiplier Hits $100M ARR, Rejects All-in-One HR Platform Model

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Multiplier Hits $100M ARR, Rejects All-in-One HR Platform Model

New York – September 29, 2026 -- Global employment infrastructure provider Multiplier has surpassed $100 million in Annual Recurring Revenue (ARR) just six years after its founding, posting 80% year-over-year growth and 115% Net Revenue Retention for its core business.

North America now generates 60% of Multiplier's total revenue

Despite originating in Singapore and operating across more than 160 countries, Multiplier has built its primary growth engine in North America, a region where several industry peers have scaled back operations. Companies headquartered in the United States accounted for 47% of all Multiplier's expansion activity between Q4 2025 and Q1 2026.

Maryland Stem Cell Fund Awards $4.8M as Demand Outpaces Capital

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Maryland Stem Cell Fund Awards $4.8M as Demand Outpaces Capital

Columbia, Md. – September 29, 2026 -- The Maryland Stem Cell Research Commission has awarded more than $4.8 million through the Maryland Stem Cell Research Fund (MSCRF) in the first funding cycle of fiscal year 2027, backing 15 investigators across the state's regenerative medicine sector.

Applications for MSCRF funding continue to exceed available resources

Requested funding significantly outstripped the capital available for this cycle, according to the Commission, reflecting both the depth of Maryland's research base and a rising number of technologies advancing past early discovery into validation, clinical development and manufacturing—stages that require substantially more capital.

West Virginia American Water Deploys FlowCam Tech for Source Water Protection

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West Virginia American Water Deploys FlowCam Tech for Source Water Protection

Charleston, W.Va. – September 29, 2026 -- West Virginia American Water has rolled out FlowCam flow-imaging technology to rapidly detect algae and cyanobacteria in source-water samples, part of a broader push during American Water Works Association's Source Water Protection Week (September 27 to October 3) to reduce contamination risks and treatment costs across its supply network.

The utility, a subsidiary of American Water (NYSE: AWK), serves approximately 610,000 people in the state and employs around 315 people.

FlowCam imaging enables earlier detection of biological changes in water supplies

The flow-imaging system captures high-resolution images of algae and cyanobacteria, allowing faster organism classification and enumeration. This supports quicker treatment decisions before contamination escalates.